Anything can happen between now (60 minutes after the Open) and the close of trading, but TSLA has once again bounced off of a major Fibonacci retracement level, in this case 61.8% ($1060) of the advance from the low of $975 on Nov 15th to a high of $1200 on Nov 22nd. More evidence that these Fib levels are watched acted upon by traders. This retracement pop can be short-term only, or, a major pivot for a run to new highs. Key level to hold: $1,050.
